This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data...

This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions, and adverse shocks in both source and recipient economies. We exploit a novel, rich panel data...

Publication Date:
01
December
2009

ISBN: 9781451874211

We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated...

DOI: http://dx.doi.org/10.5089/9781451874211.001

ISBN: 9781451874211

We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated...

Author(s):
Jörg Decressin
, and
Emil Stavrev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
01
June
2009

ISBN: 9781451872743

A fear about EMU was that in the absence of national currencies, country-specific shocks would result in greater current account divergences between member states. This paper finds that divergences across euro-area...

Publication Date:
01
June
2009

DOI: http://dx.doi.org/10.5089/9781451872743.001

ISBN: 9781451872743

A fear about EMU was that in the absence of national currencies, country-specific shocks would result in greater current account divergences between member states. This paper finds that divergences across euro-area...

Publication Date:
01
August
2002

ISBN: 9781451855203

The canonical predictions of intertemporal open-economy macro models are tested by a structural VAR analysis of Group of Seven countries. The analysis is distinguished from the previous literature in that it adopts...

DOI: http://dx.doi.org/10.5089/9781451855203.001

ISBN: 9781451855203

The canonical predictions of intertemporal open-economy macro models are tested by a structural VAR analysis of Group of Seven countries. The analysis is distinguished from the previous literature in that it adopts...

ISBN: 9781451859706

This paper aims at clarifying, with the help of a simple formal model and numerical examples, several aspects of the relationship between international investment position (IIP) and balance of payments (BOP) statis...

ISBN: 9781451859706

This paper aims at clarifying, with the help of a simple formal model and numerical examples, several aspects of the relationship between international investment position (IIP) and balance of payments (BOP) statis...